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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 3)*
Stimsonite Corporation (Name of Issuer)
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(Name of Issuer)
Common Stock, par value $.01 per share
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(Title of Class of Securities)
860832-10-4
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(CUSIP Number)
Check the following box if a fee is being paid with the statement [_]. (A fee
is not required only if the filing person: (1) has a previous statement on file
reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7).
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
Page 1 of 10 Pages
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SCHEDULE 13G
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CUSIP NO. 860832-10-4 PAGE 1 OF 5 PAGES
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NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Quad-C Partners II, L.P.
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [X]
(b) [_]
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SEC USE ONLY
3
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CITIZENSHIP OR PLACE OF ORGANIZATION
4
Delaware
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SOLE VOTING POWER
5
NUMBER OF 24,733
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
0
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING 24,733
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
0
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
24,733
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11
.3
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TYPE OF REPORTING PERSON*
12
PN
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Page 2 of 10 Pages
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SCHEDULE 13G
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CUSIP NO. 860832-10-4 PAGE 2 OF 5 PAGES
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NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Quad-C Partners III, L.P.
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [X]
(b) [_]
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SEC USE ONLY
3
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CITIZENSHIP OR PLACE OF ORGANIZATION
4
Delaware
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SOLE VOTING POWER
5
NUMBER OF 441,000
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
0
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING 441,000
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
0
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
441,000
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11
5.0
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TYPE OF REPORTING PERSON*
12
PN
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Page 3 of 10 Pages
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SCHEDULE 13G
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CUSIP NO. 860832-10-4 PAGE 3 OF 5 PAGES
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NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Quad-C, Inc.
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [X]
(b) [_]
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SEC USE ONLY
3
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CITIZENSHIP OR PLACE OF ORGANIZATION
4
Delaware
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SOLE VOTING POWER
5
NUMBER OF 945,580
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING 945,580
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
945,580
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11
10.8
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TYPE OF REPORTING PERSON*
12
CO
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Page 4 of 10 Pages
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SCHEDULE 13G
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CUSIP NO. 860832-10-4 PAGE 4 OF 5 PAGES
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NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Quad-C II, L.L.C.
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [X]
(b) [_]
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SEC USE ONLY
3
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CITIZENSHIP OR PLACE OF ORGANIZATION
4
Virginia
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SOLE VOTING POWER
5
NUMBER OF 441,000
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
0
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING 441,000
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
0
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
441,000
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11
5.0
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TYPE OF REPORTING PERSON*
12
OO
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Page 5 of 10 Pages
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SCHEDULE 13G
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CUSIP NO. 860832-10-4 PAGE 5 OF 5 PAGES
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NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Terrence D. Daniels
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [X]
(b) [_]
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SEC USE ONLY
3
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CITIZENSHIP OR PLACE OF ORGANIZATION
4
United States
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SOLE VOTING POWER
5
NUMBER OF 1,547,688
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING 1,547,688
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
1,547,688
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10 [X] The reporting person disclaims beneficial ownership of all but 161,108
of such shares, except to the extent of his interest in Quad-C Partners
II, L.P., Quad-C Partners III, L.P., Quad-C, Inc. and Quad-C II, L.L.C.
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11
17.6
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TYPE OF REPORTING PERSON*
12
IN
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Page 6 of 10 Pages
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AMENDMENT NO. 3 TO
SCHEDULE 13G
ITEM 1.
(a) NAME OF ISSUER:
Stimsonite Corporation
(b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICE:
7542 North Natchez Avenue
Niles, Illinois 60714
ITEM 2.
(a) NAME OF PERSON FILING:
This Schedule 13G is filed by those persons named in Item 1 of pages
2-6 above, to which reference is hereby made.
(b) ADDRESS OF PRINCIPAL BUSINESS OFFICES OR, IF NONE,
RESIDENCE:
The address of Quad-C Partners II, L.P., Quad-C Partner III, L.P.
Quad-C, Inc., Quad-C II, L.L.C. and Terrence D. Daniels is:
230 East High Street
Charlottesville, Virginia 22902
(c) CITIZENSHIP:
See Item 4 of pages 2-6 above to this Schedule 13G.
(d) TITLE OF CLASS OF SECURITIES:
Common Stock, par value $.01 per share
(e) CUSIP NUMBER:
860832-10-4
Page 7 of 10 Pages
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ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULE 13D-1(B), OR 13D-2(B),
CHECK WHETHER THE PERSON FILING IS A:
Not Applicable
ITEM 4. OWNERSHIP:
(a) AMOUNT BENEFICIALLY OWNED:
Quad-C, Inc. is the direct beneficial owner of 920,847 shares of the common
stock of Stimsonite Corporation (the "Common Stock"). In addition, Quad-C,
Inc. is the sole general partner of Quad-C Partners II, L.P., and, as such,
may be deemed to beneficially own the 24,733 shares of Common Stock held by
Quad-C Partners II, L.P. Quad-C Partners III, L.P. is the direct
beneficial owner of 441,000 shares of Common Stock. Quad-C II, L.L.C. is
the sole general partner of Quad-C Partners III, L.P. and, as such, may be
deemed to beneficially own the 441,000 shares of Common Stock held by Quad-
C Partners III, L.P. Terrence D. Daniels is the direct beneficial owner of
161,108 (which includes 20,456 shares of Common Stock directly owned by his
minor child) shares of the Common Stock. Mr. Daniels is also the sole
director of Quad-C, Inc., and, as such, may be deemed to beneficially own
the 920,847 shares of Common Stock beneficially owned by Quad-C, Inc. and
the 24,733 shares of Common Stock beneficially owned by Quad-C Partners II,
L.P. Mr. Daniels is also the managing member of Quad-C II, L.L.C. and, as
such, may be deemed to beneficially own the 441,000 shares of Common Stock
beneficially owned by Quad-C Partners III, L.P.
(b) PERCENT OF CLASS:
See Item 11 of pages 2-6 to this Schedule 13G.
(c) NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS:
(i) sole power to vote or direct the vote
See Item 5 of pages 2-6 to this Schedule 13G.
(ii) shared power to vote or to direct the vote
See Item 6 of pages 2-6 to this Schedule 13G.
(iii) sole power to dispose or to direct the disposition of
Page 8 of 10 Pages
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See Item 7 of pages 2-6 to this Schedule 13G.
(iv) shared power to dispose or to direct the disposition of
See Item 8 of pages 2-6 to this Schedule 13G.
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS:
Not Applicable
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON:
Not Applicable
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE
SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY:
Not Applicable
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP:
Those persons filing this Schedule 13G pursuant to 13d-1(c) consist of
Quad-C Partners II, L.P., a Delaware limited partnership, and Quad-C
Partners III, L.P., a Virginia limited partnership. Also included are
Quad-C, Inc., a Delaware corporation, which is the sole general
partner of Quad-C Partners II, L.P. and Quad-C II, L.L.C., which is
the sole general partner of Quad-C Partners III, L.P. Terrence D.
Daniels is the sole director of Quad-C, Inc. and the managing member
of Quad-C II, L.L.C.
ITEM 9. NOTICE OF DISSOLUTION OF GROUP:
Not Applicable
ITEM 10. CERTIFICATION:
Not Applicable
Page 9 of 10 Pages
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SIGNATURE
After reasonable inquiry and to the best of our knowledge and belief, the
undersigned certify that the information set forth in this statement is true,
complete and correct.
QUAD-C PARTNERS II, L.P.
By: Quad-C, Inc., general partner
By: /s/ R. Ted Weschler
________________________________
Name: R. Ted Weschler
Title: Vice President
QUAD-C, INC.
By: /s/ R. Ted Weschler
________________________________
Name: R. Ted Weschler
Title: Vice President
QUAD-C PARTNERS III, L.P.
By: Quad-C II, L.L.C., general partner
By: /s/ R. Ted Weschler
________________________________
Name: R. Ted Weschler
Title: Vice President
QUAD-C II, L.L.C.
By: /s/ R. Ted Weschler
________________________________
Name: R. Ted Weschler
Title: Vice President
/s/ Terrence D. Daniels
________________________________
Terrence D. Daniels
Dated: February 1, 1997
Page 10 of 10 Pages
